iShares U.S. Medical Devices ETF (NYSEARCA:IHI) is FWL Investment Management LLC’s 3rd Largest Position

FWL Investment Management LLC raised its stake in shares of iShares U.S. Medical Devices ETF (NYSEARCA:IHI) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,465 shares of the company’s stock after purchasing an additional 6,816 shares during the period. iShares U.S. Medical Devices ETF accounts for 4.3% of FWL Investment Management LLC’s holdings, making the stock its 3rd biggest position. FWL Investment Management LLC’s holdings in iShares U.S. Medical Devices ETF were worth $11,697,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of IHI. Brevan Howard Capital Management LP acquired a new position in shares of iShares U.S. Medical Devices ETF during the 4th quarter worth about $245,000. Baker Avenue Asset Management LP increased its stake in iShares U.S. Medical Devices ETF by 1.8% during the 4th quarter. Baker Avenue Asset Management LP now owns 164,253 shares of the company’s stock worth $9,584,000 after buying an additional 2,901 shares in the last quarter. Bank of America Corp DE increased its stake in iShares U.S. Medical Devices ETF by 29.0% during the 4th quarter. Bank of America Corp DE now owns 2,666,806 shares of the company’s stock worth $155,608,000 after buying an additional 598,974 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of iShares U.S. Medical Devices ETF by 122.7% during the fourth quarter. BNP Paribas Financial Markets now owns 348,312 shares of the company’s stock valued at $20,324,000 after acquiring an additional 191,921 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in shares of iShares U.S. Medical Devices ETF by 414.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,496 shares of the company’s stock valued at $87,000 after acquiring an additional 1,205 shares in the last quarter.

iShares U.S. Medical Devices ETF Stock Performance

Shares of IHI opened at $60.55 on Thursday. The stock has a 50 day moving average price of $59.01 and a 200 day moving average price of $60.38. iShares U.S. Medical Devices ETF has a one year low of $52.90 and a one year high of $65.18. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 30.50 and a beta of 0.92.

iShares U.S. Medical Devices ETF Profile

The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.